Fifty/fifty | 25 September 2015

25 September 2015, EUR/USD

The daily chart: yesterday an upward swing has been formed, and today bears made the first crossing down in the new assumed downward swing! If they continue to put a pressure, they will have a chance to get one more swing intersection (for that they need to break support 1.1103)

Fifty/fifty

H1 chart: a slightly distorted bullish pattern Over & Under in the zone of the penultimate level (1.1154 ). In this light, bears will get a lot of incentives for breakdown of 1.1103 (cause in this case this pattern will aslo be destroyed)

Fifty/fifty

Expectations: So, as long as support 1.1103 is alive, we have spirit of the north over the chart (with the objectives in the area of ​​1.1370). Outcomes are absolutely equally probable, cause there are strong oppositely directed trends.

solutions: 1) Bulls are looking for their chances for buying to to 1.1370 with Stops at 1.1103 2) Bears look forward for any weakness of bulls to be able to sell towards 1.09 (medium-term).

Aleksey Panasenko
Analis perusahaan "FreshForex"
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